Company Profile www.seth.pt

Company Profile www.seth.pt

Corporate Headquarters Avenida Tomás Ribeiro, No. 145 2790-467 QUEIJAS Portugal Phone + (351) 219 43 14 79 Fax + (351) 219 43 15 18 URL www.seth.pt E-mail seth@seth.pt Mailing Address SETH, SA Avenida Tomás Ribeiro, 145 2790-467 QUEIJAS Portugal Maintenance Facilities and Main Warehouse Rua da Ponte, 2 2950-422 PALMELA Portugal Main Warehouse Sandblasting and Paint Shop Carpentry Shop Mechanic and Welding Shop General Archives Portuguese License Construction No. 5 SETH in brief Founded 1933 Subsidiary company of MT Højgaard a/s (Denmark) Turnover (2012): 25,7 million

Quality Management System

Environmental Management System

Occupational Health and Safety Management System

Group Headquarters MT Højgaard a/s Knud Højgaards Vej 9 DK-2860 Søborg Denmark MTH Headquarters Tel: +45 3954 4000 Fax: +45 3954 4900 E-mail: info@mthojgaard.dk URL: www.mthojgaard.dk Offshore Wind Turbines Denmark On May, 2nd, 2001, Højgaard & Schultz a/s (founded 1918) and Monberg & Thorson a/s (founded 1919) have merged. The new company, designated MT Højgaard a/s, ranks among the top 30 European construction firms. For more information, please visit MTH s corporate website at http://www.mthojgaard.com. Linpro a/s From HV lines to LAN networks Farøbroen Bridge Denmark Our reference shareholder, MT Højgaard a/s, in brief Leading construction company in Denmark Turnover: 986 EUR million (2013) Assets: 539 EUR million (2013)

The Öresund Link (between Denmark and Sweden) built by Sundlink Contractors, in which MT Højgaard a/s participated with a 37% share Overview of the Group Diagram 2014 Ferry Terminal Copenhagen Harbour MT Højgaard a/s Temporary buildings made by Scandi Byg a/s Enermærke & Petersen a/s (carries out refurbishment and new building) Lindpro a/s (carries out electrical installations and services work) Ajos a/s (leases mechanical equipment) Scandi Byg a/s (produces and builds industrial modular buildings) Greenland Contractors I/S (is responsible for operation at the Thule Air Base) SETH, SA (carries out civil works in the area of marine works in Portugal and Africa)

The Vala Nova Bridge The first pre-stressed concrete bridge in Portugal Built by SETH in 1954 SETH s Milestones Pego do Altar Dam Built by SETH in 1949 Vale do Gaio Dam Built by SETH in 1949 Marechal Carmona Bridge Built by SETH in 1951 1933 Foundation of SETH 1934 Construction of Setúbal Harbour 1938 Construction of Funchal Harbour 1951 Construction of Marechal Carmona bridge (Vila Franca de Xira) 1960 Activity started in Angola 1963 Activity started at Lajes Air Base (Azores) 1984 Secil - Setúbal - Forno IX 1987 Activity started in the Caribbean (U.S. Navy / U.S. Air Force) (until 1991) 1991 Start of activity of the Pile Driving Department 1996 Ownership opened to Portuguese stockholders 2000 Activity started in Mozambique 2003 Legal regime conversion to public company 2005 GMP Groupe Maritime Portugais was formed 2006 Activity started in Spain 2007 Start activity in Guinea (Conakry) and Algerie 2009 Foundation of SethAngola, SA (Angola) 2010 Start activity in Cape Verde 2012 Foundation of SethMoz, SA (Mozambique) 2013 80 th Anniversary

Complex concrete structures and special formwork (sliding and climbing): two of our main specialties. Coferdam (sheet piling) HDD Works for Sines-Setúbal Pipeline Elevated water tank Alpiarça Seth s Specialties Transmission and Distribution Lines Coastal and Harbour Engineering Marine works Water intake, Valorsul Contract Management Concrete Structures (Conventional and Special Formwork) Tube and Sheetpile Driving Hydraulic Engineering Water and Wastewater Treatment Plants Industrial Facilities Military Facilities

Pedestrian Bridge, Alcácer do Sal, Portugal Pylons: tubular driven piles (Ø 708 and 508 mm) Sheet-pile curtain wall Petrogal - Aveiro Marine pile driving Piledriving and Special Foundations Tubular Steel Piles Sheet Piles Rock Drilling Shoring Special foundations: marine pile driving (tubular and sheet). SETH is the undisputed leader of this sector in Portugal Driving of tubular steel piles, up to 2 m Sheet piling, including design and construction of complete containment structures and cofferdams Auger drilling for stress relief of soil, prior to the installation of sheet piles (pre-drilling) Large diameter rock drilling, up to 912 mm

Jack-up platform Valeira Marine pile driving Core-Loc - 32 Ton Praia da Vitória Military Harbor Viana do Castelo Arrifana Porto Peniche Lisboa Doca de Sto. Amaro Doca do Bom Sucesso Piscina do Tamariz Marina de Cascais Cais do Sodré Barreiro Alcácer do Sal Setúbal Sines Pomarão Tavira Faro Lagos Madeira Azores Helicopter Landing Pad Massarelos, Porto Harbour, Coastal and River Engineering Setúbal Harbour Funchal Harbour Praia da Vitória Military Harbour Sines-Setúbal Gas Pipeline HDD Works (Sado River) Lagos Fishing Harbour Riverside Marinas Tamariz Ocean Pool Fuel Jetty (EDP - Carregado) Shore Protection Structures HDD Works (Sado River)

Denmark Office Building R. Alexandre Herculano Lisbon 26,000 sq.m Panoramic Elevator Boca do Vento - Almada CODAN Medical Instrumentation Factory Loures U.S. Navy Lajes Field, Azores Wastewater Treatment Plant Commercial and Industrial Construction Portuguese Parliament New Addition Building Lisbon Denmark Office Building (Lisboa) Administrative Complex (SECIL Cement Plant - Setúbal) Main Warehouse (Dyrup) Wastewater and Water Treatment Plants Office Park (Sintra) Panoramic Elevator (Almada) Parliament Building (Lisbon) (addition building)

Diesel engine for prime generator Lajes Air Base - Azores EDA - Diesel Power Plant Addition Belo Jardim, Terceira - Azores Power Engineering EDA - Geothermal Plant at Ribeira Grande S. Miguel - Azores Civil Works Mechanical and Electrical Installation Supply, Installation and Testing of large-capacity Diesel generator sets Power Plant Addition U.S. Navy - Lajes Field (Terceira, Açores) Turn-key project (including engines and generators refurbishment) Ribeira Grande Geothermal Plant (S. Miguel, Açores) Civil works, metal structures and off-site works 1st and 2nd Phases Belo Jardim Diesel Power Plant (Terceira, Açores) Civil works, fuel storage tanks and ancillary works

U.S. Navy Control Tower / RAPCON Lajes Field, Azores Portuguese Air Force Aircraft Engines Test Facility U.S. Navy Repair of POL tanks Lajes Field, Azores NATO POL Pier Lisbon, Portugal Loading arms replacement Military Facilities Portuguese Defense Ministry Portuguese Navy Portuguese Air Force NATO Infrastructures Directorate (Portugal) United States Navy (Naval Facilities Engineering Command) United States Air Force United States Army Power Plants and HV Distribution Lines Lajes Field, Azores Crew Readiness Facility Lajes Field, Azores Comissary Lajes Field, Azores Avionics Repair Shop Naval Air Station Bermuda Control Tower / RAPCON Lajes Field, Azores Water and Fuel Storage Tanks Naval Air Station Bermuda and Lajes Field, Azores Water Lines and Waste Water Treatment Plants Naval Air Station Bermuda and Lajes Field, Azores Lodging and Administrative Buildings Naval Air Station Bermuda and Lajes Field, Azores Aircraft Engines Test Facility Monte Real Air Base, Portugal

EXPO 98 Aerial Ropeway EXPO 98 Swatch Pavilion EXPO 98 Olivais Dock Lock cofferdam From May 22 to September 30, 1998, Lisbon hosted the last World Exposition of the 20th century. SETH was a proud member of the construction community that set the stage for the 150 official participants and renovated a large area of eastern Lisbon. EXPO 98 Olivais Dock Amphitheater Pile driving Olivais Dock - Closure Dike and Lock (*) Olivais Dock Amphitheater (*) Marina Quay (*) Cable Car Foundations and Stations Vasco da Gama Tower - Foundations Pilings and Pedestrian Promenade AquaMatrix Support Structures Swatch Pavilion Denmark Pavilion Turn-key project - Joint Venture (*)

Job Management Job management and turn-key jobs Feasibility studies Legal counseling Licensing Scheduling and resource management National and international procurement Engineering Designers Selection Detail Engineering Drawings and Specifications Approval Technical Consulting Services Value Engineering Labor Labor Management Labor Selection and Recruitment Subcontractors Selection and Management Labor Operation Control Equipment Operator Recruiting Supply Local and International Leasing Operational Management

32 T Core-Loc Praia da Vitória Harbour Breakwater Largest in the world Sines-Setúbal Gas Pipeline HDD Works at Sado River Crossing Pull-Back Operations Marechal Carmona Bridge Vila Franca de Xira, Portugal Built by SETH in 1951 WORK PORTFOLIO